Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of carrying value of outstanding debt and capital lease obligations

As of March 31, 2013, our current indebtedness included senior notes and the repurchase option related to a sale-leaseback of a portion of our New York headquarters. Our total debt and capital lease obligations consisted of the following:



(In thousands)	Coupon Rate		March 31, 2013		December 30, 2012
Senior notes due 2015	5.0	%	$	244,031	$	244,022
Senior notes due 2016	6.625	%	221,715		221,523
Option to repurchase ownership interest in headquarters building in 2019			225,473		224,510
Total debt			691,219		690,055
Short-term capital lease obligations⁽¹⁾			140		164
Long-term capital lease obligations			6,852		6,859
Total capital lease obligations			6,992		7,023
Total debt and capital lease obligations			$	698,211	$	697,078

(1) Included in “Accrued expenses and other” in our Condensed Consolidated Balance Sheets.

Schedule of components of interest expense, net

“Interest expense, net” in our Condensed Consolidated Statements of Operations was as follows:



	For the Quarters Ended
(In thousands)	March 31, 2013			March 25, 2012
Cash interest expense	$	13,253		$	14,362
Non-cash amortization of discount on debt	1,164			1,159
Capitalized interest	—			(7		)
Interest income	(343		)	(62		)
Total interest expense, net	$	14,074		$	15,452